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Most studies of gender discrimination consider how male versus female candidates are assessed given otherwise identical information about them. But, in many settings of interest, evaluators have a choice about how much information to acquire about a candidate before making a final assessment. We...
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a decision maker can obtain, pay attention to, or absorb, via a Markov Decision Process for Information Choice (MIC). An … MIC is a subjective decision process that specifies what type of information about the payoff-relevant state is feasible …
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information against its cost, and make their final choices based on imperfect information. We model this decision using the …
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information against its cost, and make their final choices based on imperfect information. We model this decision using the …
Persistent link: https://www.econbiz.de/10011547820
acquiring costly information. In intermediate, "normal" conditions, the decision-maker acquires information and conditions the … investment decision upon the information obtained. We investigate if the investor can benefit from employing an agent when the …
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